ORLANDO, Fla. — President Joe Biden outlined a three-part plan to combat inflation Tuesday, however, Sean Snaith, who leads the University of Central Florida’s Institute for Economic Forecasting, said the president’s plan isn’t likely to have any effect on inflation rates.

Snaith attributes the root of our economic problems to lockdowns at the start of the pandemic and the trillions in infrastructure spending to help address it.

Biden has now made tackling inflation his “top economic priority,” according to a Wall Street Journal op-ed.

The president met with the head of the Federal Reserve Tuesday to discuss his plan to address rising rates, which includes calling on the Fed to control inflation, urging Congress to pass his clean energy investments amid high Russian oil prices and reducing the federal deficit.

Snaith argues there’s not much the federal government can do now, beyond spending less and putting more stock into the Federal Reserve.

“The Federal Reserve is the tip of the spear right now in our fight against inflation, and in fact, it may not only be the tip but the entire spear itself,” he said.

In the meantime, Americans continue to feel the price pain virtually everywhere.

“Every little bit going up impacts the wallet,” said Caroline McHugh of Orlando, while filling up her SUV. “It’s not fun to try to come fill up, so you try to make it last as long as you can.”

McHugh is now paying $79.60 to fill up her tank, when $40 used to do the trick.